Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

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Latest Economic News

Inflation in the United States accelerated to 2.6%


November, 13 2024

In October, inflation in the United States accelerated, but the indicator was within analysts' expectations.According to the Bureau of Labor Statistics, the consumer price index increased by 0.2% month-on-month and reached 2.6% year-on-year. Excluding volatility in food and energy prices, the core consumer price index showed a more noticeable increase, increasing by 0.3% over the month and reaching 3.3% y/y.The market reaction to the data was restrained. U.S. futures rose slightly, and Treasury ... Read More

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Industrial production in Germany unexpectedly increased in February


April, 07 2020

Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... Read More

Sentix: eurozone investor sentiment drops to record low


April, 06 2020

According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... Read More

UK retail sales drop record low in March


April, 03 2020

Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... Read More

The number of unemployed in Spain grew at a record pace


April, 02 2020

According to official figures, the number of unemployed in Spain in March 2020 increased at a... Read More

Germany and Canada will be hit hardest by world coronavirus outbreak


April, 01 2020

Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... Read More

Oil will remain below $40 due to coronavirus shock and OPEC + collapse


April, 01 2020

The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Read More

Refineries around the world begin to suspend due to reduced demand


March, 30 2020

Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Read More

US prepares for 18-month pandemic


March, 20 2020

The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Read More

German business climate drops to 2009 low


March, 19 2020

The mood in the German business community deteriorated significantly in March amid concerns about... Read More

World oil storage facilities may overflow in coming months


March, 18 2020

Energy experts fear that global oil storages may overflow during several months due to falling... Read More

Philippines is the first in the world to close the stock market due to coronavirus


March, 17 2020

Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Read More

China showed worst economic performance in 30 years


March, 16 2020

Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Read More

The EU will allocate 37 billion investment to combat the effects of coronavirus


March, 13 2020

The European Union decided to create an investment initiative of €37 billion as part of a package o... Read More

The ECB has kept rates unchanged, but introduced a stimulus package against coronavirus


March, 12 2020

According to the results of the European Central Bank (ECB) meeting, the regulator left key... Read More

Bank of England urgently cut rate to deal with coronavirus effects


March, 11 2020

The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Read More

Saudi Arabia will increase oil supplies to 12.3 million barrels per day in Apri


March, 10 2020

Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Read More

Italy will allocate 7.5 billion euros to fight against coronavirus


March, 06 2020

The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Read More

Bank of Canada cut a key rate due to virus fears


March, 05 2020

The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Read More

US Federal Reserve cut the rate unscheduled for the first time since 2008


March, 04 2020

The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Read More

Central Bank of Australia lowered rate to record low


March, 03 2020

The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Read More

Italy's GDP growth slowed in 2019 to 0.3%, a minimum for 5 years


March, 02 2020

According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Read More

Eurozone inflation expectations drop to record low


February, 28 2020

A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Read More

European stock exchanges fall by more than 3% on concerns over coronavirus


February, 27 2020

Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Read More

German economy nears stagnation in first quarter with coronavirus outbreak


February, 26 2020

The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Read More

Italy has become the epicenter of the spread of Chinese coronavirus


February, 25 2020

Italy warned the EU that it could require substantial assistance if the unexpected spread of... Read More

The ECB expects the completion of the coronavirus epidemic will lead to a significant revival of the eurozone economy


February, 21 2020

Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Read More

Gold has risen to a high in 7 years


February, 20 2020

Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Read More

UK annual inflation accelerates to 1.8% in January


February, 19 2020

According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Read More

Apple shares fell on Tuesday


February, 18 2020

Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Read More

Japan's GDP in the IV quarter fell at the fastest rate since 2014


February, 17 2020

In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.